What is profit and loss appropriation account?
Answers: The following is from the source below, (if I thought I could say it better I would.)
"In most businesses profit is the driving force behind the decision process. The amount of profit made by the firm is often an indicator of performance. The level of profit is measured / calculated through the profit - loss account."
"The profit - loss account is divided into a sections." ,,,
Trading account
Profit and loss account
The profit and loss appropriation account
...
The Profit and loss appropriation account
This section highlights how the company's profit or loss is distributed. This section highlights the PROFIT AFTER TAX and the RETAINED PROFIT CARRIED FORWARD.
PROFIT AFTER TAX = profit on ordinary activities before tax - corporation tax
RETAINED PROFIT CARRIED FORWARD = profit after tax - dividends
What would you do with a billion dollars??
Answers: wow a Billion Dollers..I wouldnt know what to do..the possibilites
Invest in Real estate and Businesses.
I'd rather have the near tax free money from the investments to live off of then the taxable interest of the money sitting in an account.
Leverage out 2 hotels, maybe a casino, and put some more in oil and mineral exploration. Invest in a few friends' ideas for clothes and other products. Invest in TV and Film productions.
instant suga daddy!!
Any chance e*trade is coming back ? Its pe is really low. Are there more write offs coming ?
Answers: Forget the pe. They are loosing money currently. Probably there will be more write offs. They are also loosing customers. TD Ameritrade looked at their books and said no thanks to a bail out. That is something we have not seen. The company screwed up big time trying squeeze out a little extra income just as Citicorp and Lynch. Unfortunately, e*trade has not any deep pockets. Probably only a matter of time.
The stock market is down right now. World markets are down in general. I suggest that you follow the market and the sectors more closely, day by day. One good resource is http://www.federalreserve.ws which contains a lot of information about markets, economics, and finance.